Fidelity Investment has announced that it’s launching a cryptocurrency storage and trading platform. Dubbed Fidelity Digital Assets LLC, the new platform will cater mainly to institutional investors, offering custody solutions for digital assets, institutional advisory services and a crypto trading platform for its clients. Fidelity made the announcement today, October […]
Search Results for "novogratz"
Bitcoin Price Remains Stable Despite Attractive Arbitrage Opportunity
A lot of people are keeping a close eye on the Bitcoin price as of right now. That is only normal, primarily because of how it dominates the cryptocurrency landscape as a whole. At the same time, it is evident there is some price discrepancy to keep a close eye […]
Bitcoin Price Watch: Currency Still Unwavering, No Direction Set
At press time, the price of bitcoin is still refusing to budge, and remains solidly in the $6,500 range. The currency continues to move in a sideways motion, and there’s no telling when – or even if – bitcoin will do anything different in the coming weeks. Bitcoin bull and […]
Analyst Says Bitcoin Severely Lacks Demand, $30 Billion Brokerage Disagrees
Since August 6, for nearly two months, Bitcoin has remained in the $6,500 to $6,800 range, temporarily testing the $6,800 resistance level on two occasions. But other than that, Bitcoin has shown little momentum in the higher region of $6,000. According to Jani Ziedins, a cryptocurrency analyst at Cracked Market, […]
How World’s Largest Crypto Exchange Quadrupled its Valuation to $8 Billion in 1 Year
Coinbase, the largest crypto exchange, brokerage, and custodian solution provider in the global market, is on the verge of securing a $500 million funding round at a valuation of $8 billion. Recode exclusively reported that the exchange is finalizing a deal with Tiger Global, a major New York-based investment firm […]
The Bitcoin Price Could Go Down to as Little as $100, Fintech Expert Claims
Some have said Bitcoin’s price has hit its bottom and could only go higher, even being bold enough to say that it could go back to its $20,000 highs by the end of the year. However, according to one fintech and forex expert, the price of Bitcoin can only get […]
Bitcoin Price Watch: Is Another Bull Run in Store?
At press time, bitcoin is trading for over $6,700. That’s roughly $400 more than where it’s stood over the past week, and many are wondering if a year-end bull run is at hand. Recently, the Securities and Exchange Commission (SEC) sought further industry help and commentary regarding the bitcoin ETF […]
Top 4 2017’s Bitcoin Price Predictions Completely Missing Their 2018 Mark
During late 2017’s cryptocurrency market bull run, a lot of people had conflicting opinions on where the price would head next. Although the optimism seemed warranted at that time, things have certainly turned out for the worse in this regard. The following predictions – ranked from bullish to outlandish – […]
Why an Early Uber and Airbnb Investor Thinks Everyone Should Invest in Crypto
Jeffrey Wernick, an accredited investor and an early stakeholder in Uber and Airbnb, arguably two of the most successful technology startups created in the past decade, believes everyone should invest in crypto as an alternative store of value. Bitcoin Outperformed Every Currency Since 2009 During an interview with Business Insider, […]
Blackmore Group CEO: Bitcoin Headed to $60K This Year
There are experts in the field who have extremely high expectations of Bitcoin. And with a 8,500% increase in 2013 and a 1,500% gain in 2017, why not? Could a massive uptick happen yet again and send the price of Bitcoin flying all the way to $60K? Bitcoin prices look […]
Expert Says Cryptocurrencies Will Be a $20T Market
Galaxy Digital, a $250 million investment firm headed by Mike Novogratz that is focused on cryptocurrencies, is very bullish on crypto these days. As a matter of fact, Novogratz recently claimed that the market is headed for the $20 trillion mark, and that is some very good news for investors. […]
Bitcoin Price Fell 11% in 24 Hours: What Triggered the Drop and What Lies Ahead?
Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is […]